Minimum Wage Policy Review: Workshop Summary | May 2025
13 June 2025
On 6th May 2025, Chamber hosted a focused workshop exploring the Island’s approach to setting the Minimum Wage. This session brought together employers, sector leads, and policy stakeholders to discuss the policy’s alignment with the Living Wage, the robustness of the calculation methodology, and the wider economic implications.
Key themes included:
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Concerns around harmonisation with the Living Wage without sufficient data
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Calls for a transparent, data-led calculation process
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Discussion on age bands, apprentice rates, and accommodation offset
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Recognition of the need for political independence and clearer governance in the review process
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The business impact of rising wage costs without corresponding tax threshold adjustments
The summary document below captures the discussion and outlines recommendations for a more flexible, evidence-based, and joined-up wage policy.